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$699,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 2,777 Sq. Ft.
  • Updated 10 hours ago
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Developer's Dream: Huge Miami Home in an Up-and-Coming Neighborhood with Buildable Lot Next Door Included ! Rare once-in-a-lifetime developer special in one of Miami's fastest-rising neighborhoods. This oversized 2,800 sq. ft. single-family home with garage sits directly across from an elementary school, offering strong appeal for future homeowners or tenants. What makes this opportunity truly exceptional is the deed-included adjacent lot, zoned for single-family construction. You're getting two properties in one deal-renovate and modernize the existing spacious home while building a brand-new single-family residence next door, or hold both as the area continues to appreciate. The main home is solid with generous layout but ready for modern updates. The roof is borderline, priced accordingly, making this a clear investor and developer opportunity with major upside. Opportunities like this are rarely available in Miami: a huge house, a buildable lot, and a growing neighborhood all in one package. Ideal for redevelopment, resale, or long-term investment. Bring your vision and maximize the potential.

Full Property Details for 4990 NW 31st Ave

General

  • Price: $699,000
  • Taxes: $9,435 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Greater_Miami
  • MLS ID: A11946637
  • Updated: 1/16/2026
  • Added to Site: 1 day(s) ago

Interior

  • Interior Features: First Floor Entry, Den/Library/Office, Florida Room, Utility Room/Laundry
  • Appliances: Dishwasher, Refrigerator
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level

Other Rooms

  • Living Room: Den/Library/Office, Florid Sq. Ft.
  • Laundry: Utility Room/Laundry

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Parking Features: Driveway

Location

  • Area: Home Owners Paradise
  • County: Miami-Dade County
  • Subdivision: HOME OWNERS PARADISE
  • Building Name: HOME OWNERS PARADISE
  • Direction Faces: Northwest

School Information

  • Elementary School: Lorah Park
  • Middle School: Miami Springs
  • High School: Miami Springs

Community

  • Community Name: Home Owners Paradise

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Municipal Water

Structural Information

  • Architectural Style: Detached, One Story
  • Structure Type: R30-No Pool/No Water, House
  • Detached/Attached: Detached
  • Construction: CBS Construction
  • Roof: Barrel Roof
  • Building Size: 2827
  • Square Feet: 2,777
  • Living Area: 2,777 Sq. Ft.
  • Year Built: 1972

Lot Features

  • Property View: None
  • Lot Size (Sq. Ft.): 8,250
  • Lot Features: Less Than 1/4 Acre Lot
  • Zoning: 100
  • Fencing (Description): Fenced

Financial Considerations

  • Price Per Sq. Ft.: $251.71
  • Tax Amount: $9,435
  • Tax Year: 2025
  • Terms: All Cash, Conventional, FHA, FHA-Va Approved

Disclosures and Reports

  • Legal Description: HOME OWNERS PARADISE PB 40-50 LOT 1 BLK 3 LOT SIZE 75.000 X 110 74R 25900 OR 18229-2090 0398 2 (2)
  • Restrictions: Ok To Lease
  • Property ID: 30-31-21-009-0360

Listed by The Keyes Company

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— 4990 NW 31st Ave —

  • The Keyes Company

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 4990 NW 31st Ave

School District:Dade County School District
NameGradesDistance
Lorah Park Elementary School
5160 Northwest 31st Avenue, Miami, FL 33142
PK-50.1 mi
Miami Springs Middle School
150 South Royal Poinciana Boulevard, Miami Springs, FL 33166
6-81.7 mi
Miami Springs Senior High School
751 Dove Avenue, Miami Springs, FL 33166
9-123 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4990 NW 31st Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/16/2026
Listed
$699,000
635.79%
MLS
8/12/1998
Sold
$95,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4990 NW 31st Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,882
11%
$108,077
3%
2023
$1,693
8%
$104,930
6%
2021
$1,573
-2%
$98,907
-3%
2022
$1,610
2%
$101,874
4%
2021
$1,573
4%
$97,542
2%
2019
$1,518
6%
$95,349
2%
2018
$1,433
1%
$93,572
2%
2017
$1,420
4%
$91,648
2%
2016
$1,362
-2%
$89,763
1%
2015
$1,384
-1%
$89,140
1%
2014
$1,405
2%
$88,433
1%
2013
$1,379
—
$87,127
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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4990 NW 31st Ave, Miami, FL 33142 (MLS# A11946637) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 4990 NW 31st Ave is currently listed for $699,000 and was received on January 16, 2026. Want to learn more about 4990 NW 31st Ave? Do you have questions about finding other Single Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

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